Yes, but only between accounts with the same name and immediate family members. If it is China Merchants Bank, please consult whether online banking can be transferred. Banks can accept personal foreign exchange accounts (including cash accounts and cash accounts) opened by domestic residents in their own names, as well as transfers between themselves and their immediate family members, but they cannot accept foreign exchange account transfers between themselves and others other than their immediate family members. Comparison of foreign exchange remittance methods: ordinary remittance: this is the most commonly used remittance method. The remittance amount is relatively large, and there is no limit on the original remittance of funds in the cash account. If the cash account or cash remittance amount is less than 50,000 US dollars, you can provide relevant supporting documents stipulated by the State Administration of Foreign Exchange and go directly to the bank for handling. The ordinary remittance fee is charged at 1‰ of the remittance amount, with the maximum charge of 200 yuan RMB; The remittance of post and telecommunications fees to Hong Kong and Macao is RMB in 50 yuan, and cash remittance is subject to cash conversion fee. Ordinary remittance usually takes 3 days to reach the other party's account. Western Union Remittance: As an international remittance, Western Union Remittance is a good remittance method.

Foreign cash

If the official currency of a region is considered unstable or unreliable in the near future (such as high inflation or political instability), many people will try to use foreign currency as a means of storing value. Large and important economic units (such as foreign trade banks, central banks or governments) also store foreign currency. These foreign currencies can be used to reduce the value impact of currency depreciation, or to promote or simplify international trade, and so on. The government also regards foreign exchange as a means of its economic policy. Some people also use foreign currency to take speculative risks in order to gain profits from exchange rate fluctuations.

There are certain risks in storing foreign currency. If a currency circulates abroad, its circulation rate will decrease, and the quantity in its official circulation area will also decrease. In this case, its official central bank will be forced to increase the number, which will lead to the devaluation of the currency under certain conditions. For example, in 2002, the dollar depreciated 15% against the euro in a short time, which led to the depreciation of the euro zone's dollar foreign exchange reserves.